Tax & Estate Strategies for Married LGBTQ+ Couples

July 9, 2021By Phil Clark, CPWA®,CFP®

In this age of marriage equality, there are new possibilities. The 2015 Obergefell v. Hodges Supreme Court decision streamlined tax and estate strategizing for married LGBTQ+ couples. If you are filing a joint tax return for this year or are considering updating your estate strategy, here are some important things to remember. Keep in mind, … Read More

End-of-the-Year Money Moves 2020

December 10, 2020By Phil Clark, CPWA®,CFP®

Here are some things you might consider before saying goodbye to 2020. Presented by Philip Clark, CFP®, November 2020 What has changed for you in 2020? For many, this year has been as complicated as learning a new dance. Did you start a new job or leave a job behind? That’s one step. Did you retire? … Read More

Year End Planning Checklist

November 28, 2020By Phil Clark, CPWA®,CFP®

As we approach the end of, by all accounts, an extraordinary year on many fronts, it is a perfect time to take charge of the year and begin to plan for the future. Whether it is economic models, capital market assumptions, or political headwinds, we can consider year-end planning techniques that may increase your net … Read More

The Impact of the 2020 Election on Wealth and Taxes

October 22, 2020By Phil Clark, CPWA®,CFP®

At KROST Wealth and our associated tax and account firm, KROST, our goal is to provide you with timely news and insights. As we venture into the next presidential election, it is important to note the differences between the two candidates’ tax proposals as we look toward the next four years. As one may suspect, … Read More

Financial Steps to Take Before a Divorce

May 1, 2020By Bethany W

Wise moves to make before things are finalized. Provided by Philip Clark, CFP® Before your divorce goes through, it would be wise to check up on financial matters. It would be better to assess the state of your financial life before the split rather than after. Find out where you stand financially. Beyond your salary … Read More

2019 IRA Deadlines Are Approaching

March 11, 2020By Bethany W

Here is what you need to know. Providedby Philip Clark, CFP® Financially, many of us associate April with taxes – but we should also associate April with important IRA deadlines. April 1, 2020 is the deadline to take your Required Minimum Distribution (RMD) from certain individual retirement accounts. A new federal law must be noted … Read More

End-of-the-Year Money Moves

November 18, 2019By Bethany W

What has changed for you in 2019? Did you start a new job or leave a job behind? Did you retire? Did you start a family? If notable changes occurred in your personal or professional life, then you will want to review your finances before this year ends and 2020 begins. Even if your 2019 … Read More